889134

Inventory Management: The Nuts and Bolts

15.00

In this course, you will learn about all aspects of inventory management, including common terms, the inventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.

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No business can survive very long without an effective program of controls over the parts and materials that are used in producing or distributing goods and services of the firm. This course will teach you how to effectively manage these items, which are collectively referred to as inventory.

After you complete this course, you will be able to:

  • Understand terms that are frequently used in warehouse management.
  • Identify the goals and objectives of inventory management and measure your process against these goals.
  • Calculate safety stock, reorder points, and order quantities.
  • Evaluate inventory management systems.
  • Identify the parts of the inventory cycle.
  • Better maintain inventory accuracy.

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